Post
Topic
Board Altcoin Discussion
Re: Best tokens for arbitrage trading?
by
MarjorieZimmermanGinger
on 03/02/2022, 07:08:10 UTC
Hello friends
I have heard that there are people who earn income by trading arbitrage. I am very inexperienced at this. Which token or coin do you think would be suitable for arbitrage trading? Thank you.
It's hard to do arbitrary in 2022, I mean with how the fees work and you have to take an account on the price on those exchanges you are aiming for. If you were in 2016 - 2018 then it was so much easier to get profit in arbitrary trading because there was no such thing as KYC on every exchanges you could find on the internet. But then things are going different now and it's so much harder to gain profit.
That's how we are made by crypto, dependence on investing, even though in reality it doesn't necessarily produce big profits, for me KYC is not a big problem, it's actually a form of security for the assets we have, indeed in 2016 - 2018 it is easier to profit from trading, but every time there will be problems that will arise, including this year and the next.